SPEL 1QFY27 profit surges 37%

SPEL Limited posted profit after tax of Rs357.36 million for the three months to September 30, 2026, up 36.60% from Rs261.61 million a year earlier, Mettis Global reported. Basic and diluted earnings per share rose to Rs1.88 from Rs1.38 in the same quarter of FY26.

Net sales increased 24.84% to Rs2.94 billion, while gross profit advanced 26.40% to Rs767.86 million. Operating profit climbed 33.14% to Rs604.89 million, and profit before tax grew 32% to Rs565.46 million, despite finance costs rising 30.85% and taxation increasing 24.78%. The company attributed its performance to demand in synthetic packaging and automotive components, as well as stronger sales and margins.